A call to end a corporate welfare agency | Timothy P. Carney | Beltway Confidential | San Francisco Examiner

A call to end a corporate welfare agency | Timothy P. Carney | Beltway Confidential | San Francisco Examiner: Ex-Im exists to subsidize the exports of U.S. manufacturers -- mostly Boeing -- by loaning money and guaranteeing private bank loans to foreign buyers who buy American goods. In short, Ex-Im puts taxpayer money on the line to boost the sales of Boeing, GE, Halliburton, Bechtel, and Westinghouse.